Category: Finances

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €46.8 billion in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%, and 12% excluding the impact of the closure of the Hong Kong airport concessions at the end of 2017. All business groups recorded excellent performances. Organic revenue growth in…

The year 2018 laid the groundwork for big shifts in the life insurance landscape that will decidedly benefit consumers in the New Year. And it seems shifts are sorely needed with more than 40 percent of Americans not having any type of life insurance, according to Foresters Financial. While the industry is shifting at a rapid pace, consumers can take…

By Paul Pagnato No matter how much money you have, finances are almost always a concern. Despite bright spots in our overall economy, most people continue to worry and stress about their financial state. High net worth individuals and successful entrepreneurs often worry too, but the details of that stress have evolved from juggling paychecks to preserving nest eggs. Here…

A new survey reveals the quirkiest ways that Americans would spend $1 BILLION dollars if they won the jackpot, and it’s safe to say some people had some crazy ideas! Some of the craziest responses: Use the money to disappear, go into hiding, or buy “at least 5 wooded acres with off-grid underground living in Washington or Oregon”… Drink “all…

The saying that youth is wasted on the young may be especially true when it comes to saving for retirement. “Too many people wait way too long to start thinking about how much they will need to finance their retirement,” says Chris Heerlein, partner at REAP Financial LLC and author of Money Won’t Buy Happiness – But Time to Find…

Glazer family, Sheikhs, and the Government of China are Football Club Owners in the Premier League. A new graphic looks into the owners of Premier League football teams, and just how much they’ve paid into their clubs – with the top figure being £2 billion, Roman Abramovich’s investment into Chelsea FC. If you’ve ever held aspirations of owning a football…

Ever wondered what makes a good boss? A recent study followed over 17,000 CEOs for 10 years in order to find and identify the top skills that make a CEO successful. The findings, which were just published in Harvard Business Review, turned out to be quite surprising. “You might expect that a highly effective leader would have an Ivy League…

A record 2,043 billionaires made Forbes’ 31st annual ranking of the world’s billionaires, as featured in the March 28, 2017 issue of Forbes magazine. “Booming stock markets, higher commodities prices and plain old-fashioned entrepreneurship helped make this a record year in terms of wealth creation around the globe,” said Luisa Kroll and Kerry Dolan, Assistant Managing Editors of Wealth at…

In a nation that debates nearly everything, this topic creates almost no disagreement. Americans aren’t saving anywhere near enough for retirement, setting the stage for a potentially dreary time ahead for many when they reach the closing act of their lives. In fact, a study by the Economic Policy Institute found that almost half of American families have no retirement-account…

The hardest thing about upward mobility – the so-called American dream – is attaining it. Perhaps the second hardest thing is this: Once you’ve risen from a hardscrabble upbringing and gained financial success, how do you pass the traits that helped get you there – hard work, accountability, passion and discipline – on to your children? The natural inclination is…